EconPapers    
Economics at your fingertips  
 

Partial privatization, producer services, and unemployment in developing countries

Xiaochun Li and Tiantian Jia

Review of Development Economics, 2022, vol. 26, issue 1, 423-441

Abstract: Existing literature argues that privatization tends to lower the output of the mixed‐ownership firms in the manufacturing. Nevertheless, since manufacturing has closely linked to producer services recently, by incorporating producer services into the analysis, this paper investigates the impacts of partial privatization of the mixed‐ownership firm in the manufacturing sector on output, unemployment, and social welfare in developing countries in a three‐sector general equilibrium model. The main conclusion is that partial privatization would lower unemployment and raise output conditionally if the profit of producer service firms is zero in the long run. Besides, the welfare impacts of partial privatization in the short and long run are considered. Compared with the existing literature, this paper provides a new perspective and derives some new results.

Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://doi.org/10.1111/rode.12814

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:rdevec:v:26:y:2022:i:1:p:423-441

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1363-6669

Access Statistics for this article

Review of Development Economics is currently edited by E. Kwan Choi

More articles in Review of Development Economics from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2022-05-07
Handle: RePEc:bla:rdevec:v:26:y:2022:i:1:p:423-441